GABC dividend yield – GERMAN AMERICAN BANCORP Declares $0.25 Cash Dividend

🌥️Dividends Yield

On June 8 2023, GERMAN AMERICAN BANCORP ($NASDAQ:GABC) declared a 0.25 USD cash dividend. The company has maintained an annual dividend per share of 0.94, 0.92 and 0.84 USD for the past three years, offering an average dividend yield of 2.37%. This makes GERMAN AMERICAN BANCORP an attractive option for investors looking for dividend stocks.

The ex-dividend date is May 9 2023, with yields from 2021 to 2023 of 2.51%, 2.42% and 2.18%, respectively. With a consistent dividend payment history and attractive yields, GERMAN AMERICAN BANCORP is a good option for dividend investors.

Share Price

The stock opened at $30.6 and closed at $30.5, down by 0.3% from the previous day’s closing price of 30.6. This decrease in share value is likely due to the announcement of the dividend, as investors tend to respond negatively to news of dividend distribution. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for GABC. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for GABC. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for GABC. More…

Key Ratios Snapshot

Some of the financial key ratios for GABC are shown below. More…

Analysis – GABC Intrinsic Value

As GoodWhale, we have conducted an analysis of GERMAN AMERICAN BANCORP’s wellbeing and have determined the intrinsic value of GERMAN AMERICAN BANCORP’s share to be around $38.6, based on our proprietary Valuation Line. Currently, GERMAN AMERICAN BANCORP’s stock is being traded at $30.5, which is undervalued by 21.1%. This means investors can purchase GERMAN AMERICAN BANCORP shares at a discounted amount and benefit from the potential upside that may be offered by a higher share price. More…

Peers

The competition between German American Bancorp Inc and its competitors is fierce. Each company is vying for market share and customer base. They all offer similar products and services, so it is important for each company to differentiate itself in the market. German American Bancorp Inc has been able to do this by offering unique products and services that its competitors do not offer. This has allowed German American Bancorp Inc to gain a loyal customer base and a strong market share.

– Intercorp Financial Services Inc ($NYSE:IFS)

Intercorp Financial Services Inc is a financial services company with a market cap of 2.77B as of 2022. The company offers a range of financial services, including banking, insurance, and investment management.

– First Western Financial Inc ($NASDAQ:MYFW)

First Western Financial Inc is a holding company for First Western Bank & Trust, a regional bank with branches throughout the Western United States. First Western Bank & Trust offers a full range of banking services, including deposits, loans, and credit cards. It has a market cap of 262.07M as of 2022.

– Evans Bancorp Inc ($NYSEAM:EVBN)

Evans Bancorp Inc is a company that provides banking services. It has a market cap of 200.6M as of 2022. The company has been in operation for over 100 years and is headquartered in New York.

Summary

GERMAN AMERICAN BANCORP is an attractive investment opportunity for dividend-seeking investors. The company has consistently paid out a dividend of around 0.94 USD per share over the past three years, resulting in a dividend yield of 2.37%. Furthermore, the company’s stable financial position has enabled it to remain profitable despite market volatility.

This combined with a steady dividend payout provides investors with an opportunity for long-term capital appreciation and consistent income. GERMAN AMERICAN BANCORP is a wise choice for those looking to add a reliable dividend stock to their portfolio.